The Death of the Income Tax
A Progressive Consumption Tax and the Path to Fiscal Reform
Daniel S. Goldberg
Table of Contents
Introduction
PART I
The Problem: The Income Tax is Broken
Chapter 1-What is the Income Tax and Why is it Broken?
Chapter 2-Taxing Income is a Flawed Concept
Chapter 3-Tax Planning Under the Income Tax
Chapter 4-Progressive Taxation
Chapter 5-Tax Expenditures
Chapter 5 Appendix-Kingdom of PAL:A Parable of Tax Expenditures, Tax Shelters, and the Passive Activity Loss Rules.
Chapter 6-The Alternative Minimum Tax (AMT): An Admission of Failure
Chapter 7-The Intractable Problem of Tax Cheating
Chapter 8-The Deadweight Cost of the Personal Income Tax
PART II
The Solution
Chapter 9-Tax Consumption Instead of Income
Chapter 10-Individual Level Consumption Taxes
Chapter 11-Business Level Consumption Taxes
Chapter 12-The Current Internal Revenue Code: An Income Tax, a Consumption Tax, or a Hybrid?
Chapter 13-An Introduction to an Integrated Two-Tier Consumption Tax
Chapter 14-e-Tax: An Electronically Collected Progressive Consumption Tax as the Successor to the Income Tax
Chapter 15-e-Tax Redux: Special Considerations
Chapter 16-Transition to e-Tax
Conclusion and Prospects for Change
Appendix A-Tax-inclusive Rate vs. Tax-exclusive Rate and Gross-up
Production and Consumption Charts-Simplified Production and Consumption Cycle, and Flow of Income & Expenditures Cycle
